Dark money flooding this year’s campaigns

cashAt the current rate, unregulated and undisclosed “dark-money” spending on this year’s congressional elections could top $1 billion. “This is really a perfect storm of political spending,” Michael Toner, former head of the Federal Election Commission, told the Financial Times. The most prominent spenders are Americans for Prosperity and Freedom Partners, which are both linked to the Koch brothers. In 2012, the Koch network was responsible for about 1 in 4 of the total dark-money dollars spent, according to the campaign-finance watchdog group Open Secrets.